United Kingdom | Thursday, 28 August 2008

Firms Articles

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1. Credit crunch bites into UK fashion firms
The number of UK clothing, fashion and cosmetic retailers going into administration rose 21 percent in the first half of 2008 as the global credit crunch crimped consumer spending, a Deloitte report said.
30 Jul 2008
2. Jump in firms in critical condition
The number of British firms in their death throes or on the brink of bankruptcy rose almost seven-fold in the second quarter compared with the same period last year, a survey showed on Sunday.
21 Jul 2008
3. Firms' cashflow weakest in 16 years
Falling sales in a weak home market have left firms facing their worst cashflow situation since records began in 1992, a survey from the British Chamber of Commerce showed on Tuesday.
08 Jul 2008
4. Iraq throws open door to foreign oil firms
Iraq opened its giant oilfields to foreign firms on Monday, putting British and U.S. companies in pole position five years after U.S.-led troops invaded the country to oust Saddam Hussein.
01 Jul 2008
5. Investors get much of oil firms' cash windfall
The five largest fully publicly traded oil firms are spending more on finding and producing oil, but the industry is still handing back much of its windfall from record oil prices to investors.
09 May 2008
6. CBI expects finance firms to see lose jobs and profits
The Confederation of British Industry (CBI) has said that it expects the financial crisis to get worse in the coming months and could cost profits and jobs for financial companies.
31 Mar 2008
7. Northern Rock climbs on report of further suitors
Shares in Northern Rock climbed over 10 percent at the open on Monday, boosted by a report that two further private equity firms had expressed an interest in the stricken mortgage lender.
08 Oct 2007
8. Input costs fall sharply
Firms' costs unexpectedly fell in July while factory gate prices rose as expected, official data showed on Monday.
13 Aug 2007
9. Firms struggle to find skilled workers
Nearly 40 percent of British firms are struggling to find staff with the right skills, a survey showed on Thursday.
29 Mar 2007
10. FSA says listening to critics of listing rules
The Financial Services Authority said on Tuesday it was considering "very seriously" arguments against its plans to make it easier for offshore investment firms to list in London, following heavy industry criticism.
28 Feb 2007
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